LTA has ‘no plan’ to shut down Comium

6 Sep 2007

Liberia’s telecoms regulator the Liberia Telecommunications Authority (LTA) has refuted recent press rumours, by saying it has no intention of shutting down local mobile operator Comium Liberia, owned by owned by Comium Africa Limited and LibanCell. LTA commissioner Lamini A Warity has assured Comium subscribers that the government and the LTA do not plan to close down the company in the wake of recent statements by government officials – Minister of Post and Telecommunications, Jackson E Doe and National Investment Chairman, Richard E Tolbert – that Comium is operating in breach of Liberia’s investment and concession laws and could have its licence annulled. The two men reportedly told a legislative hearing that Comium is illegally benefiting from ‘duty free privileges and tax holdings on spare parts’ in violation of the investment incentive contract which it signed with the government in March 2004.